Investors Pressuring Corporations to Act on Gun Violence

Based on a CNBC report, nearly 150 professional investors, largely from faith-based organizations, “strongly urg[ed]” gun retailers, distributors and manufacturers, as well as companies financing the gun industry, to take action on gun violence. Collectively, the group represents $634 billion in assets and includes faith-based organizations as well as asset managers in the U.S. and Europe. Signing onto a statement issued by the Interfaith Center on Corporate Responsibility, the investors asked these companies “to review their operations, supply chains and policies and take meaningful action on this public safety concern.” They also provided steps that gun manufacturers, distributors and retailers, financial institutions and other companies can adopt to reduce the risk of gun violence.